Update on JamesJames, 60, is married with five children and lives in Kasese,Uganda. He has milling machines for produce and has also been in the transport business for nine years. His hardship is inadequate capital to purchase stock. His personal goals are to educate his children and build a permanent house. His business goals are to buy land to grow crops and expand his business into new markets. James wants a loan to buy a new car engine, tires, and a maize milling machine.
Previous Loan DetailsJames is a fifty-nine-year-old married man with three children who stays in Kasese, Uganda. He has been in milling and transport businesses for eight years. His vision is to have a coffee huller plus he wants to educate his children up to university level so that they can have a bright future. ... More from James's previous loan »
Important InformationThis loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid